@freemo
Which Communism are you talking about? The one where everybody shares everything or the one where there's a dictator making them share nothing?

@freemo @avlcharlie

Maybe, but if communism converges to these two cases with the same result, it seems to be from the same error in thinking.

@amerika

The root error comes from the assumption people will cooperate with the principle willingly. Once you assume most people will exploit any system for personal gain when they can it becomes evident communism is not a workable system without a totalitarian government. Even then people will generally do the bare minimum so you get poverty.

Capitalism exploits the inherent selfishness of individuals for the greater good of society.

@avlcharlie

@freemo
I wondered if that was the angle. It is an unfortunate but realistic view.

While not probable I still hold out that there is a possibility, however minuscule, that we can break that cycle.

@avlcharlie

Oh we absolutely can, but that is just capitalism with compassion at that point. It isnt communism if people do it willingly rather than a totalitarian government.

We have it in capitalism all the tine, its called a commune.

@freemo
I had a long reply but I realized it was this..

John Lennon: Imagine

@avlcharlie

Right but what im sayi g is,john lenon was describing capitalism, a capitalism filled with altruistic people.

@freemo
Altruistic Capitalism seems to be an oxymoron.. but I suppose that's the point. That it can't exist. That we are in fact doomed and destined to deal with the greed of humanity... Which is another unfortunate but realistic view.

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@avlcharlie How is it a oxymoron. All capitalism is is any system which includes free market trade, that is, trade in which natural supply-demand pressures dominate the markets pricing.

Nothing about that implies greed or altruism, it only implies everyone is trying to maximize their own fitness function (get the most utility for their resources). Its about effiency not greed.

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@freemo
It really feels like the implementation is always predatory for capitalism.

Everybody's looking for the best deal and when somebody gets the best deal it necessitates somebody getting the crappy deal.

You end up with greed and you kill altruism. At least that's what it feels like on its face maybe I'm just looking at it wrong.

@freemo @avlcharlie well, unless people attempt to develop some level of sophistication, efficiency turns into greed, because thoughtless accumulation is the easiest thing to do. This is reinforced by a social environment where chronic accumulators are considered successful by chronically accumulating media.

@mapto

Bow ya figure that makes no sense. Accumulating resources in a vault untouched is the least effecient form, you literally have negative effiency as inflation devalues assets. A person would achieve effiency by investing thrir mo ey wisely and ensuring other people are using those resources to effectively increase the total resources in the market.

You are getting stuck in the fallacy that someone havibg authority (ownership) over those resources means that other people cant use it for their own gains as well which is entierly contrary to the reality. Those resources will be in others hands and used by them in some agreement to use them for mutual gain (investment in others).

@avlcharlie

@freemo @avlcharlie maximisers would invest for profitability and not for sustainability. Clearly this conversation is way too abstract and way too generalising, but rich people investing in cheap resources is a real problem in times of pressing change.

Optimising is by definition deprived of vision, ask effective altruists ;)

@mapto

Who said anything about sustainability. We said utility, that may or may not line up with sustainability. They will pick sustai able when it has the most utility.

Similarly thry dont buy cheap if cheap is less utility. Somethi g at half the price that breaks in 1/10th the time is a bad investment, so no thry dont just go with what is cheapest. Rich people dont invest in cheap resource they invest in what gets them the most utility, which is what prfitability is.

Optimising has vision, for the thing you are optimising for.

@avlcharlie

@mapto

And of course the conversatio is abstract, it has to be,
You are making assertions about an abstraction (capitalism) that can not and does not exist in a concrete and pure form. So abstract conversation is the only one we can have.

@avlcharlie

@freemo @avlcharlie the problem is that environmental cost are not part of the final price. Instead they are internalised by those with weaker negotiation power.

Examples:
- miners from poor countries pay with their lives to extract resources that unaccountable mine owners then can sell at competitive prices
- wildlife gets pushed away from investment-grade land

I can go on with Amazonian rainforest, Russian taiga, Australian Coral reefs, African rhinos, l Mediterranean fish, orangutans, polar bears,...

@mapto

They are part of thr final cost when they are part of the utility of the investment. If they are part of the utility or not depends largely on the laws.

For example if there is a huge fine for enviromental damage then causing such damage has significantly decreased utility and as such the market will price itself to avoid enviromental damage.

@avlcharlie

@mapto I think what you're illustrating is NOT that the costs aren't included, but that you personally don't agree with the costs.

You want those people to place higher value on their resources than they do. Their valuation doesn't match your own, and you're insisting that you're right, wanting to impose your personal values on them.

Let's be clear about what you're doing here, including the way it has associations with colonialism.

The people in those poor countries need to be fixed in their valuation of their resources?

@freemo @avlcharlie

@volkris @mapto @avlcharlie

The issue is deeper than that. Utility is contextual. Utility means something different depending on the rules of the game AND the players. Capitalism only maximizes utility. Its all the other aspects of a government that ultimately have nothing to do with capitalism that define the rules of the game and ultimately define what has utility when playing within those rules.

The failing is what it always is when people talk about capitalism, its that thinknofnit as one big monolithic thing rather than just a single principle among thousands with nuanced interplay.

@volkris @freemo @avlcharlie I agree with your other comment.

My diagreement is not with the current calculation of the costs. I claim that any explicit calculation by default (due to the complexity of the real world) excludes some implicit aspect that optimisers then readily ignore.

Also, utility is not only contextual, but subjective. To someone a million dollars might be enough to secure a lifetime, to someone else it could be enough to buy a house, to a third person, it might mean buying some nice nice stuff to show off.

@mapto

Also, utility is not only contextual, but subjective.

Half-true.. the utility of a single transaction is subjective. But you are maximizing for the aggregate utility, that is objective.

To someone a million dollars might be enough to secure a lifetime, to someone else it could be enough to buy a house, to a third person, it might mean buying some nice nice stuff to show off

That statement isnt describing utility.

@volkris @avlcharlie

@mapto

On a re read i think i see now where you got it all wrong. You are assuming, incorrectly, that money and utility mean the same thing. They dont. Moneybis the resource, not the utility. Utility only exists when money is in motion. Utility is how much you can accomplish with the money, not the money itself.

@volkris @avlcharlie

@freemo @mapto @volkris

Okay so I'm not so self-absorbed that I can't say I guess I was wrong and I misunderstood what capitalism was. This has been relatively enlightening.

My question then is what's the one where greedy people hoard up all of the money and resources, abuse the working class and create a system of poverty?

@avlcharlie @mapto @volkris

That woukd be an oligarchy. And any government can be an oligarchy, including a capitlist country.

@freemo @mapto @volkris

Follow up..
So how do you keep from doing that? Is it always The peasants uprising thing?

@avlcharlie @mapto @volkris

Now that is a complicated question. But usually the main way its accomplished with what we call antitrust laws. When enforced (and the usa has enforced thrm but not as strongly as it should) they effectively make monopolies illegal.

Of course the other key is keeping corruption in check and money out of politics, which isnlikewise a difficult task to do, but critical to a healthy capitalism

@freemo @avlcharlie @mapto @volkris american enforcement of antitrust is something of a joke. its one of the few times the law is extremely broad but because it affects rich government contractors they cut it full of exceptions that don't exist.

@icedquinn @avlcharlie @mapto @volkris

I totally agree with you there. I woukd not describe the USA as an ideal capitalism, in part due to lack of enforcement on antitrust laws.

@icedquinn you’re misunderstanding how American antitrust functions, as you can see throughout court filings, legislative proceedings, legal behaviors, and on and on.

The problem with American antitrust is that, in part because it is so broad, it runs up against other legal principles of the US government. The history of US antitrust in one of trying to reconcile paradoxes in the law that make it really unwieldy.

We have a government that on one hand is fundamentally bound to respect private property, but on the other hand, is charged with imposing on that same property.

We don’t need any conspiracies from rich contractors to explain the issues with US antitrust law. The problem is with the US law itself being quite screwy, in its own right.

@avlcharlie @freemo @mapto

@freemo @avlcharlie @mapto @volkris very interesting discussion. Just thought I'd like to point out that comparisons between Communism and capitalism are tricky because while capitalism is viewed primarily as an economic system (and democracy as a political system that everyone assumes underpins it), Communism is a political, philosophical and economic system.

The problem is that there have been no real life examples of "pure" Communism ever existing, except perhaps

@freemo @avlcharlie @mapto @volkris very early social Russia under Lenin. All real life examples of Communism have had either authoritarian or totalitarian rule, often dictatorships.

The reason for this is that while Marx did define what Communism should have been, he (perhaps intentionally) never defined how it should have been run. With centralized and planned production, it should have been foreseen that a permanent centralized government should have been established to oversee

@freemo @avlcharlie @mapto @volkris and manage these functions. However the Communist Manifesto was written in a time of revolution and unhappiness with the current leadership. Telling the proletariat that after the Bolsheviks were disposed of, a new centralized replacement would take over its function would've been just trading one evil for another (human greed and selfishness and all that) and that would not have compelled the people into revolution.

I would recommend that instead of solely

@freemo @avlcharlie @mapto @volkris focusing on the Communist Manifesto alone, it would be better to take into consideration the entirety of Marx's works (Das Kapital and the very important but seldom mentioned 1844 Manuscripts) to form an understanding of how he envisioned the political system to function with Communism.

1844 was essentially the un-watered down version of the Manifesto meant for academics and not the Proletariat; it isn't filled with charged revolutionary language or ideas.

@freemo @avlcharlie @mapto @volkris

Remember that Marx never viewed capitalism as evil, but a necessary step in achieving communist utopia.

@dashrandom @avlcharlie @mapto @volkris

No marx was right, capitalism and communism arent systems of governments, they are properties of a government. He didnt address those things because he wasnt creating a government he was defining a principle he felt governments should have.

Not all communist coubtries were totalitarian or dictatorships. Its just the ones that were elected in place by the people were always dismantled by those same people years later when everyone started starving. See bulgaria as an example of that.

@freemo capitalism isn't a property of a government.

It's not only entirely possible for it to exist outside of any government context, but it's bound to exist there, given human nature and interests.

@dashrandom @avlcharlie @mapto

@volkris

Ita a property of governments. The fact that it is also a property of other things doesnt change that fact.

@dashrandom @avlcharlie @mapto

@freemo I wouldn't say it's a property of governments any more than having secretaries operate Windows PCs is.

If that's really what you consider a property of governments, then I don't see what the value of emphasizing that property is.

@volkris
@avlcharlie @mapto it isn't. It's a property of the economy. I guess what @freemo may be alluding to is that government influences whether or not capitalism exists. It will definitely exist in a democratic system but may also exist in a totalitarian/authoritarian system (e.g. China).

@dashrandom but that’s simply not true

Capitalism will exist regardless of government. Government has no say over whether capitalism exists.

Capitalism is such a natural human institution that it has the same status as, say, language.

People will talk to each other regardless of what government thinks about it. Capitalism is such a fundamental element of life that we neither need government permission nor care what government thinks about it.

Humans do capitalism because capitalism is in our incentives. We don’t ask permission from government to do capitalism.

@avlcharlie @mapto @freemo

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@dashrandom

Communism, like capitalism, is often abused as a word. On its own it has nothing to do with marx. It simply means any system where the means and distribution of production are controlled by the government, and socialism is where onky the means of production is owned.

Marx just had a very specific view of a system of government which he felt included communism with other supporting principles to make it work. Its more appropriate to call his system marxism

@avlcharlie @mapto @volkris

@freemo @avlcharlie @mapto @volkris I beg to differ. Marxism is a philosophy (with his species-being and alienation concepts), Communism is an ideology that the workers are exploited by those who control the means of production, and thus the only way to stop being exploited is to seize the means of production.

@dashrandom @avlcharlie @mapto @volkris

How is a philosophy and an ideology even different. No clue how your arguing that marxism is not a more specific form of communism.

@freemo @avlcharlie @mapto @volkris my response was to your statement that Communism has nothing to do with Marx. Marx was the founder of Communism, it kind of implies it when he wrote the Communist Manifesto. Saying communism has nothing to do with Marx is like saying Higgs has nothing to do with the Higgs-Boson. Marxism is a way of thinking, Communism is a way of looking at the world and living life. You can be Marxist, but not Communist. You however, cannot be Communist but not Marxist.

@dashrandom @avlcharlie @mapto @volkris

Communism was first enacted by the Jews in ancient israel thousands of years before marx was even a sperm.

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@avlcharlie

My question then is what’s the one where greedy people hoard up all of the money and resources

I just want to point out how unrealistic this is in today’s world, despite how frequently it’s mythologized and theorized and used to promote political interests.

For someone to hoard up all of the money and resources is for that person to voluntarily accept a lower standard of living for themself, to act against their own interests, quite irrationally.

It’s to say, Sure I could buy these things and contract for that service, which would make my life better, but nah, I’ll just warehouse away my wealth instead of actually using it to make my own life better.

Modern society has built plenty of mechanisms to avoid getting stuck in such opportunity costs to the wealthy.

Scrooge McDuck and his swimming in his money vault was not a real option.

@freemo @mapto

@volkris @freemo @mapto
I politely disagree that one percent of our population are in fact Scrooge McDuck rich.

That they do in fact hoard resources for the joy of hoarding them and that it is a direct detriment to society.

@volkris @freemo @mapto
Sorry for the double post on this reply but this was the next thing in my news feed.. and you know damn right this doesn't even nudge his money meter. Imho, this is what Scrooge McDuck money looks like.

@avlcharlie

This is exactly my point!

Notice how he spent? Instead of hoarded?

Bezos could have hoarded that money, but then he’d have lost out on the benefits of buying this property, which is exactly how our society gives very enticing alternatives to hoarding.

Bezos will never fill his moneypit because he has so much benefit in actually spending the money instead.

@freemo @mapto

@volkris @freemo @mapto
If you can't find the ridiculousness in 600 million being spent for a house then we have a difference in opinion of what is ridiculous money.

The example isn't even about the house it's that he could do this and not even notice it.

Personally in the big picture for me it's this.. you focus your society on people or you focus your society on things/money. We've decided to do the latter and screw the other one.

@avlcharlie @volkris @mapto

What does rediculousness matter? Its not like burn gets consumed when you buy something rediculous (what we call a luxury formally). It just moves the money aroubd, usually no harm done.

@freemo @volkris @mapto
I suppose you're right technically. Ridiculousness doesn't factor into systemic processes I suppose.. and it doesn't calculate into starvation, unaffordable housing, unaffordable healthcare, or any of those things. But maybe it should.

@avlcharlie @volkris @mapto

No it doesnt, because a person using wealth thry creat and thryo destroy a portion doesnt effect anything because if thry couldnt own the money thry never woukd have made the wealth in the first place.

@freemo @volkris @mapto
You say that like it's a bad thing LOL I totally just remembered you're a financial consultant if I remember right. You've held a very civil discussion on this matter if so.

@avlcharlie @volkris @mapto

No, but i have run quiye a few companies and even helped bring one public. So i do deal in a lot of this stuff. I also have written a few economic equations used in models, so i have some formal training in economics too

@avlcharlie

Who’s talking about ridiculousness? We’re talking about the lack of hoarding, so if he is spending ridiculously instead of hoarding, then he’s still not hoarding, which is the point.

You think it’s ridiculous that he’s not hoarding, well, sounds like that’s something you need to work out in your own head.

I would say that it’s a good thing such a ridiculous person just gave up a bunch of his money. Good thing that money is no longer sitting in the bank account of a ridiculous person.

So this is a sign that rich people don’t hoard their money. You seem to think that this is a particularly ridiculous rich person, so even better that he’s not hoarding his money.

@freemo @mapto

@mapto but it is because utility is subjective that your complaints about costs not being included are on shaky ground.

It’s likely enough that the thing you personally consider important is being left out of the equation because others don’t consider it important.

So it is a disagreement with the calculation of costs.

@freemo @avlcharlie

@freemo @mapto @avlcharlie "Lay not up for yourselves treasure on earth - where moth and rust doth corrupt, and thieves break through and steal, [and inflation doth devalue]."

Investing in people is also a thing:

For the sons of this age are more shrewd in dealing with their own kind than are the sons of light. I tell you, use worldly wealth to make friends for yourselves, so that when it is gone, they will welcome you into eternal dwellings. Whoever is faithful with very little will also be faithful with much, and whoever is dishonest with very little will also be dishonest with much.

@freemo

I agree with that definition, but when you combine it with State powers/violence, the crapitalism that we have today rears its ugly head. And even that is better than Socialistic Totalitarianism that arises from the mainstream "alternative". Again, State power is the root of the problems no matter how we organize the economics.

@avlcharlie

@niclas

That isnt c"capitalism we have today".. thats like sayi g " your steak here sucks because when im eating it the waitor keeps punching me in the face".. has nothing to do with the steak.

Capitalism isnt a government, it is one amo g thousands of qualities governments have. The capitalism aspect is not the problem at all or related much to the proble. The problem is the state has ple ty of pri ciples unrelated to capitalism that make thr system fucked. But lets not pretend that is capitalism

@avlcharlie

@freemo

I totally agree! Just pointing out that lefties tend to conflate the matter.

@avlcharlie

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